Scottish and Southern Electricity Networks (SSEN) is to use Piclo’s software platform to trade electricity flexibility – the first commercial agreement between Piclo and a UK distribution network operator (DNO). SSEN will use Piclo’s flexibility marketplace to buy smart energy…
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BEIS wants industry views on structuring new support for action on low carbon and energy efficency
by New Power •
BEIS is asking how it should structure a new funding stream – the Industrial Energy Transformation Fund – intended to help industry lower its energy and carbon costs. The new fund, announced in the autumn 2018 budget, has £315 million to…
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Reactive Technologies wins Norwegian funding
by New Power •
Reactive Technologies has won funding from the venture arm of Equinor (the Norwegian energy company previously known as Statoil) as a strategic investor. This is the latest development in Reactive’s major Series C funding round after Ingenious joined existing investors Octopus…
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Industry minister quits over no-deal Brexit fears
by New Power •
Industry minister Richard Harrington MP has resigned so that he can support efforts to avoid a no-deal Brexit. In his resignation letter, the now ex-minister said, the government was “playing roulette” with peoples’ lives and livelihoods. “The clear message I…
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Financed solar/storage option targeted at UK business customers
by New Power •
Generator Statkraft and storage company redT have announced a partnership to provide fully-financed behind-the-meter solar and energy storage infrastructure projects in the UK for commercial and industrial customers. The initial target is to install up to 10MWp of solar and…
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Northern Ireland power market remains vulnerable in the event of no-deal
by New Power •
The legal position of the Single Electricity Market linking Northern Ireland and the Republic of Ireland remains uncertain in the event of a no-deal Brexit, according to a new update from BEIS. That may require the government to seek additional powers…
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First Utility rebranded as Shell Energy, offers transport fuel discount to energy customers
by New Power •
First Utility has been rebranded as Shell Energy. The company promises 100% renewable electricity for all tariffs, as well as gas, smart home technology, and broadband. It is offering fixed domestic supply deals to 2020, and to 2022 with a Nest smart…
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Data analytics reveals EV and PV use is higher than expected
by New Power •
There could be at least 13% more households with electric vehicles and solar panels on the low voltage electricity network than previously thought. This was revealed in the Low Carbon Technologies (LCT) Detection Project, led by ElectraLink in partnership with IBM and funded…
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SSE to close one of four units at Fiddler’s Ferry
by New Power •
SSE is to close a 485MW coal-fired generating unit, one of four at its Fiddler’s Ferry site near Warrington, Cheshire. The closure will reduce the site capacity from 1995MW to 1510MW. But the site has only 1,455MW of booked Transmission Entry Capacity (i.e.…